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Karora Resources Inc (KRR.CA) Stock Technical Analysis

TSX:KRR - Toronto Stock Exchange - CA48575L2066 - Common Stock - Currency: CAD

6.7  +0.16 (+2.45%)

Technical Rating and Analysis

10

Taking everything into account, KRR scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, KRR has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, KRR did better than 93% of all other stocks. We also observe that the gains produced by KRR over the past year are nicely spread over this period.
KRR is one of the better performing stocks in the Metals & Mining industry, it outperforms 83% of 802 stocks in the same industry.
KRR is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
In the last month KRR has a been trading in the 6.21 - 7.01 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Weekly and Daily overview Charts
Karora Resources Inc / KRR Weekly stock chart
Karora Resources Inc / KRR Daily stock chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, KRR also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

3.92

6.77

When analyzing the support we can see 6 important areas.

  • A support zone ranging from 6.48 to 6.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 6.31 to 6.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 6.03 to 6.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @5.34 from a horizontal line in the daily time frame.
  • Support @4.52 from a trend line in the weekly time frame.
  • Support @3.96 from a horizontal line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.32
Mansfield2.61
10 Day High7.01
10 Day Low6.21
20 Day High7.01
20 Day Low6.21
52 Week High7.01
52 Week Low3.6
Performance
1 Week6.01%
2 Weeks0.9%
1 Month3.24%
3 Month25.23%
6 Month67.08%
12 Month55.45%
2 Year134.27%
3 Year105.52%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)60.5
LBB6.19
UBB7.01
Karora Resources Inc / KRR Daily stock chart

Karora Resources Inc

TSX:KRR (8/2/2024, 7:00:00 PM)

6.7

+0.16 (+2.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.45%
1 Week6.01%
2 Weeks0.9%
1 Month3.24%
3 Month25.23%
6 Month67.08%
12 Month55.45%
2 Year134.27%
3 Year105.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%3.19%
ATR Inc86.91%
Range Today0.44
ADR(20)0.2
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.32
Mansfield2.61
10 Day High7.01
10 Day Low6.21
20 Day High7.01
20 Day Low6.21
52 Week High7.01
52 Week Low3.6
CS1 End6.5
CR1 StartN/A
Volume & EV
DER(3)-1.71%
DER(5)0.05%
Volume1.98M
Volume Incr206.18%
Vol(5)1.57M
Vol(50)657.84K